NOT LISTED FOR SALE

Estimated Value: $7,299,000 - $8,002,475

8 Beds
5.5 Baths
6,915 Sq Ft
$1,098/Sq Ft Est. Value

Last Sold February 23, 2023

Last sale price $6,225,000 $900 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $49,197/month

50 Days on Market

Highlights

  • Primary Bedroom Suite
  • Gated Parking
  • Dual Staircase
  • Third Street Elementary School Rated A
  • 0.44 Acre Lot
  • Maid or Guest Quarters

About This Home

As of February 2023

First time on the market in nearly 50 years. Timeless 1920s Mediterranean revival estate sited on nearly a half-acre corner lot on the premier street in Hancock Park. This 8 bed/6 bath home is a stunning representation of early California architecture, blending Italian Renaissance design with touches of Palladian/Venetian and Spanish colonial revival.Striking Roman Tuscan columns flank the entry as you walk through an elaborately carved wood door and enter to the breathtaking grand foyer centered around a rare, bifurcated staircase with original wrought iron railings. The foyer is complete with original tile floors, one-of-a-kind stained-glass windows, Juliet balcony and impressive chandelier suspended from a soaring hand painted wood coffered/waffle ceiling. South of the foyer, the immense living room boasts a stone statement fireplace, high ceilings, Parquet floors, crown moldings and multiple arched casement windows beaming with natural light. An arched doorway leads to the wood paneled library with decorative fireplace, original built-in bookshelves and adjoining sunroom with WWII era wet bar imported from Germany. French doors off the sunroom lead to a sizeable formal dining room with rich wood paneled walls, Parque floors and arched floor to ceiling windows offering beautiful views of the European-style courtyard and private gardens. The traditional kitchen highlights a walk-in pantry, center island with prep sink, terra cotta tile floor, hand-painted tiled walls, adjacent butler's pantry w/ sink and breakfast room with hand painted, coved ceiling and Parque floors. The lower level is complete with 2 good-sized bedrooms, laundry area, convenient back staircase, original dumb-waiter and laundry chute. Upstairs, you'll find an impressive primary wing offering 2 sizable rooms, fireplace, two separate walk-in closets and dual bathrooms. The vast 2nd level also offers four additional large bedrooms with original built-ins, wood floors and multiple balconies overlooking the grounds.The wealth of well-planned space continues outdoors where the long iron gated driveway with Porte Cochere leads to a motor court and detached two car garage. A wrought iron gate set in a stucco archway opens from the motor court to the fully enclosed private and tranquil grounds. Mature trees and lush vegetation surround the European-style brick inlay courtyard with fountain and adjacent flagstone path. Two bonus rooms attached to the back of the garage are ideal for additional storage or a secluded home office.This extraordinary estate awaits!

Last Agent to Sell the Property

John Duerler

Hancock Homes Realty License #01848596 Listed on: 12/01/2022

Co-Listed By

Jill DUERLER

Hancock Homes Realty License #01843015

Last Buyer's Agent

John Duerler

Hancock Homes Realty License #01848596 Listed on: 12/01/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $77,688

Year Built

  • Built in 1928

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 95x200
  • East Facing Home
  • Gated Home
  • Landscaped
  • Corner Lot
  • Lawn
  • Back and Front Yard
  • Historic Home
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Oversized Parking
  • Driveway
  • Gated Parking
  • Guest Parking

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 6,915 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Built-In Features
  • Bar
  • Crown Molding
  • Paneling
  • High Ceiling
  • Double Door Entry
  • French Doors
  • Separate Family Room
  • Living Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Home Office
  • Library with Fireplace
  • Laundry Room
  • Property Views

Kitchen

  • Breakfast Room
  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Tile Countertops

Flooring

  • Wood
  • Parquet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters

Outdoor Features

  • Balcony
  • Open Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5507-001-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$77,688

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Living Area: 6915
  • Lot Acreage: 0.4405
  • Lot Dimensions: 95x200
  • Stories: 2
  • Year Built: 1928
  • Number Of Photos: 75
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Bar, Built-Ins, Crown Moldings, Paneled Walls, Storage Space, High Ceilings (9 Feet+), 2 Staircases
  • Fireplace Rooms: Library, Living Room, Master Bedroom
  • Flooring: Hardwood, Parquet, Tile
  • Appliances: Built-Ins
  • Bedrooms: 8
  • Fireplaces: 3
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Bedroom Features: Master Suite, Multi-Level Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Formal Dining Rm, Breakfast Room
  • Kitchen Features: Tile Counters, Pantry, Island
  • Laundry: Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 1
  • Equipment: Built-Ins, Refrigerator, Dishwasher, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 939.99

Exterior Features

  • Direction Faces: East
  • Other Features: Balcony, Double Door Entry, French Doors, Historical
  • Other Structures: None
  • Patio: Porch - Front, Covered, Balcony, Patio Open
  • Pool: No
  • Spa Yn: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Gated, Driveway, Oversized, Parking for Guests, Garage - 2 Car
  • Total Parking: 10

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5507-001-008
  • Lot Description: Back Yard, Front Yard, Lawn, Yard, Landscaped, Sidewalks
  • Lot Location: Corner Lot
  • Lot Size Area: 19600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2022
Closed on
Feb 7, 2023
Sold by
Thaler Family Trust
Bought by
Larocca Freudenberger Family Trust
Seller's Agent
John Duerler
Hancock Homes Realty
Buyer's Agent
John Duerler
Hancock Homes Realty
List Price
$7,399,000
Sold Price
$6,225,000
Premium/Discount to List
-$1,174,000
-15.87%
Views
95
Current Estimated Value
$7,803,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,578,167
Avg. Annual Appreciation
8.42%
Original Mortgage
$3,500,000
Outstanding Balance
$3,353,000
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$4,241,369
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Larocca Freudenberger Family Trust $6,225,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larocca Freudenberger Family Trust $3,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2023 02/23/23 Sold $6,225,000 -4.2% $900 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
01/16/2023 01/16/23 Price Changed $6,500,000 -12.2% $940 / Sq Ft
12/01/2022 12/01/22 For Sale $7,399,000 -- $1,070 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $77,688 $6,476,490 $5,181,192 $1,295,298
2024 $77,688 $6,349,500 $5,079,600 $1,269,900
2023 $77,565 $6,349,500 $4,125,900 $2,223,600
2022 $5,644 $367,877 $155,927 $211,950
2021 $5,515 $360,665 $152,870 $207,795
2019 $5,350 $349,970 $148,337 $201,633
2018 $5,152 $343,109 $145,429 $197,680
2016 $4,849 $329,787 $139,783 $190,004
2015 $4,786 $324,834 $137,684 $187,150
2014 $4,806 $318,471 $134,987 $183,484
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-221367

The MLS

APN: 5507-001-008